Regulatory Compliance Specialist
3 weeks ago
As a Compliance Officer, you will be responsible for ensuring our operations remain fully compliant with regulatory standards while we grow in the cryptocurrency space.
- AML Program Management: Develop, implement, and manage the company's Anti-Money Laundering (AML) program to ensure compliance with local and global regulatory requirements.
- KYC/Customer Onboarding: Oversee the Know Your Customer (KYC) process, ensuring all new clients meet regulatory requirements for identification and verification.
- Customer Due Diligence (CDD): Manage and perform thorough Customer Due Diligence (CDD) for both individuals and institutional clients engaging in cryptocurrency transactions.
- Enhanced Due Diligence (EDD): Conduct Enhanced Due Diligence (EDD) for high-risk clients or transactions, identifying potential red flags and suspicious activities.
- Transaction Monitoring: Implement and maintain cryptocurrency-specific transaction monitoring systems to detect suspicious activity, report findings, and recommend actions.
- Risk Assessments: Conduct comprehensive risk assessments to identify, evaluate, and mitigate compliance risks related to cryptocurrency activities.
- Compliance Frameworks: Develop and maintain robust compliance frameworks to support the organization's adherence to regulatory obligations.
- Training and Awareness: Design and deliver training programs to ensure staff are aware of compliance responsibilities, AML procedures, and emerging risks.
- Internal Audits and Reviews: Lead internal compliance audits and reviews, ensuring the effectiveness of policies and procedures, and identifying areas for improvement.
- Reporting and Governance: Prepare regular compliance reports for senior management and the board, ensuring transparency in governance and regulatory adherence.
- Regulatory Liaison: Act as the primary point of contact with regulatory bodies and law enforcement agencies, managing inquiries, audits, and regulatory reviews.
Requirements
To be successful in this role, you will need:
- 5 years of experience in compliance, risk management, or a similar role, with at least 2 years in the cryptocurrency or fintech industry.
- Strong understanding of AML, KYC, CDD, and EDD regulations, particularly as they apply to cryptocurrency.
- Regulatory Knowledge: In-depth knowledge of global and regional cryptocurrency regulations, including FATF guidelines, FinCEN, FCA, or other relevant regulatory bodies.
- Qualifications: Degree in Risk Management or Law. AML, CAMS, ICA, or other relevant compliance certifications preferred.
- Tech-Savvy: Familiarity with blockchain technology, cryptocurrency transaction monitoring tools, and compliance software is a plus.
About Us
We are a forward-thinking company that is pushing the boundaries of innovation in the cryptocurrency industry. We are committed to ensuring that our operations remain fully compliant with regulatory standards, and we are looking for a skilled Compliance Officer to join our team.
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